Federal Reserve Records $100 Billion Loss, Projected To Rise

The Federal Reserve of the United States recently disclosed a staggering financial dip, revealing a $100 billion deficit for 2023 on September 14. Sources like Reuters anticipate this downturn to deepen in the coming months. At the heart of this monetary mishap, the interest payouts on the Federal Reserves obligations have exceeded its revenue from its assets and services to the banking industry. This revelation has led to growing concerns among investors, pondering its influence on interest rates and the surge in interest towards finite resources like Bitcoin (BTC). Financial experts...

source: https://tokenpost.com/Federal-Reserve-Records-100-Billion-Loss-Projected-To-Rise-10696

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